IMF urges El Salvador to drop Bitcoin as legal tender

IMF urges El Salvador to drop Bitcoin as legal tender

2 years ago
Anonymous $dEyjbtEkMr

https://apnews.com/92e9411fd7ffe26f630ddbf7c8cedd2e

SAN SALVADOR, El Salvador (AP) — The International Monetary Fund wants El Salvador to drop the highly volatile cryptocurrency Bitcoin as legal tender and strictly regulate the electronic wallet the government has pushed adoption of across the country.

The global lender’s board “urged the authorities to narrow the scope of the Bitcoin law by removing Bitcoin’s legal tender status,” the IMF said in a statement Tuesday.